Chase expects a limited financial impact on its business from the LA-area wildfires.

Originations at the two big banks increased by around 7% on a quarterly basis in the fourth quarter.

No longer is it a given that the Federal Reserve will cut short-term rates twice this year. And the 10-year Treasury rate is elevated.

HUD alleged PHH charged convenience fees in violation of FHA requirements.

Rep. Derrick Van Orden, R-WI, said unelected VA officials shouldn’t have the authority to “write a $16 billion or $17 billion check” through creation of a loan-modification program.

The CFPB suggested that First Street Foundation does a better job of identifying flood risk than the Federal Emergency Management Agency.

“The current sell-off in the bond market works against that, obviously," said one servicing advisor.

Property insurance costs are expected to increase due to the LA-area fires.

The maximum principal balance of the transaction, known as Series 2024-VF2, is $1 billion and the aggregate committed amount is $500 million.

The non-agency servicer has 32 full-time computer programmers.